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825 E 108th St
Los Angeles CA 90059 US

$4,250,000

Active Listing ID 24-430823
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39 bed
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Lot: 0.33 Acres
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Other

$4,250,000

Active Listing ID 24-430823
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825 E 108th St 825-833 108th street is a lucrative investment opportunity in the form of a well-maintained 22-unit apartment building on three separate parcels. This property boasts an ideal unit mix, strategic location, and significant upside potential, making it a prime asset for both seasoned investors and those looking to enter the real estate market. Key Highlights: 1. Unit Mix: The property offers a diverse unit mix, predominantly featuring spacious 2-bedroom layouts that cater to a wide range of tenant preferences. 2. Rent Upside Potential: Unlock substantial value with over 35% upside potential in rents. This presents a unique opportunity to maximize returns and enhance the overall profitability of the investment. 3. Recent Renovations: Over half of the units have undergone renovations in the last 3 years, ensuring modern interiors and increased tenant satisfaction. This contributes to the property's overall appeal and value. 4. Proximity to Avalon Metro Station: Enjoy the convenience of being in close proximity to the Avalon Metro Station, providing easy access to public transportation and enhancing the property's attractiveness to potential tenants. 5. Near Parks and Recreation Center: Residents can take advantage of nearby parks and a recreation center, offering a blend of green spaces and recreational activities for a well-rounded living experience. 6. Well-Maintained Property: The building is meticulously maintained, reflecting a commitment to quality and ensuring a positive living environment for residents. 7.Investment Potential: This property presents a compelling investment case, combining a strong unit mix, recent renovations, and the potential for increased rental income, making it an attractive option for investors seeking long-term growth. Don't miss out on this rare opportunity to acquire a well-positioned and income-generating property.

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Property Features

  • Facts
  • Lot Size: 0.33 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 4250000
  • unparsedaddress: 825 E 108th St
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90059
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.33
  • lotsizeunits: Acres
  • lotsizearea: 0.33
  • livingarea: 13742
  • livingareaunits: Square Feet
  • listagentfullname: Deboura Emanuel
  • listagentemail: debbie.emanuel@gmail.com
  • listagentkey: 3yd-CLAWCA-X85467
  • listagentmlsid: X85467
  • listagentpreferredphone: 8184321500
  • listagentofficephone: 8184321500
  • listofficekey: 3yd-CLAWCA-X74052
  • listofficemlsid: X74052
  • disclaimer: Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1951
  • listingcontractdate: 2024-08-22
  • listagenturl: http://www.kwstudiocity.com
  • countyorparish: Los Angeles
  • parcelnumber: 6051-022-033
  • numberofunitstotal: 22
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 8
  • parkingfeatures: Gated
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Realty Studio City", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"debbie.emanuel@gmail.com", "ListBrokerageCity":"Studio City", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Frontdesk454@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/CLAWCA/3a000781d35b11e0865300219b994c72/20191011184603837.png", "ListBrokerageName":"Keller Williams Realty Studio City", "ListBrokeragePhone":"(818) 432-1507", "ListBrokeragePostalCode":"91604", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"4061 Laurel Canyon Blvd.", "ListBrokerageUnparsedAddress":"Keller Williams Realty", "ListBrokerageWebsiteUrl":"http://www.kwstudiocity.com", "ListOfficeAddress1":"12711 Ventura Blvd.", "ListOfficeAddress2":"Suite 110", "ListOfficeBrokerMlsId":"C143799", "ListOfficeCity":"Studio City", "ListOfficeCountry":"US", "ListOfficeEmail":"Frontdesk454@kw.com", "ListOfficePostalCode":"91604", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income - Los Angeles, CA", "ListingURL":"https://listings.listhub.net/pages/CLAWCA/24-430823/?channel=rexren", "MLSModificationTimestamp":"2024-08-22T08:43:31Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:55:07 AM GMT
Source Updated Date: 11/21/2024 7:02:54 AM GMT

Courtesy of: Deboura Emanuel, Keller Williams Studio City, debbie.emanuel@gmail.com

Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.